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Oct 5, 2020 10:48 AM ET

Global Intrapartum Monitoring Devices Market Set for Rapid Growth, to reach Value around USD 2,105.7 Million by 2025

iCrowd Newswire - Oct 5, 2020

Zion Market Research has published a new report titled “Intrapartum Monitoring Devices Market by Product (Monitors, and Electrodes [Fetal Scalp Electrodes, Intrauterine Pressure Catheters, Transducers for Fetal Heart Rate, and Transducers for Uterine Contractions]), and by End User (Hospitals, Maternity Centers, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”. According to the report, global demand for intrapartum monitoring devices market was valued at approximately USD 1,298.5 million in 2018, and is expected to generate revenue of USD 2,105.7 million by end of 2025, growing at a CAGR of 7.2% between 2019 and 2025.

The devices for intrapartum monitoring are used for continuous monitoring during labor. These are used to determine the health status, preventable causes related to pregnancy like severe bleeding, infection, and high BP. Advancements in intrapartum monitoring devices play a vital role in maternal. Surge in number of preterm births, rising concerns of improved maternity care, and development in healthcare infrastructure globally are some of the factors boosting market for intrapartum monitoring devices. Moreover, factors like affordability, ease of access are also serving the purpose of enhanced maternity care.

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Advancement in technology in the field of intrapartum monitoring devices has boosted the market growth. As per WHO stats 99.0% of the maternal occur in low resource healthcare settings. Hence, emphasis is made in order to develop improved and cost-effective intrapartum care technologies. Moreover, industry players are providing superior quality devices to cater increasing demand. However, complication associated with these devices and stringent regulatory landscape is restraining the market growth for these devices globally.

The intrapartum monitoring devices market is segmented based on end user, product, and regions. Based on product the market is segmented into monitors, and electrodes. The market for electrodes is further segmented into fetal scalp electrodes, intrauterine pressure catheters, transducers for uterine contractions, and transducers for fetal heart rate. The segment for electrodes held major share of the intrapartum monitoring devices market owing to their high purchase volume. Among these fetal scalp electrodes held major share due to growing need for internal monitoring and higher adoption rates especially among mothers suffering from gestational diabetes.

Based on end user the market is segmented into maternity centers, hospitals, and others. The segment for hospitals held major share of the market owing to the availability of improved intrapartum devices in this segment.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America and Europe held major share of the market owing to the surge in obesity cases, infant mortality rates, and mounting rate of preterm births in these regions. As per CDC (Centers for Disease Control & Prevention) stats 1 in every 10 infants born were premature in the U.S. in 2017. Besides, increasing life expectancy and population of women are providing scope for market growth in the European region.

Some of the players in the market include Medtronic Plc, Koninklijke Philips N.V., Cooper Surgical, Arjo, Natus Medical, Olympus Corporation, Analogic Corporation, GE Healthcare, MindChild Medical, and Stryker Corporation.

This report segments the global intrapartum monitoring devices market as follows:

Global Intrapartum Monitoring Devices Market: Product Segment Analysis

Global Intrapartum Monitoring Devices Market: End User Segment Analysis

Global Intrapartum Monitoring Devices Market: Regional Segment Analysis

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Keywords:    Intrapartum Monitoring Devices Market

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